Bitcoin Price Rejects $6.9K, But Is a Correction Now Imminent?
Cointelegraph
Published Mar 28, 2020 09:50AM ET
Updated Mar 29, 2020 02:00AM ET
The price of Bitcoin (BTC) has shown a strong surge in the past weeks, as the price rallied from $3,750 to $6,900. However, the crucial $6,900 level wasn’t broken to the upside and confirmed as resistance. A similar move occurred on the equity markets, as the United States’ equity markets surged 25% in one week, but saw a sharp selloff of 4% in the last trading hour, going into the weekend.
These movements lead to the general question: is there more blood to come for Bitcoin and crypto?
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Written By: Cointelegraph
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